Plumery and Smile ID Partner to Enhance Digital Banking Security Across Africa

ID Tech Editorial Team·February 24, 2025·2 min read

Digital banking platform provider Plumery has announced a partnership with Smile ID, a leading digital identity verification provider in Africa, to help financial institutions modernize their services while maintaining strong security.The collaboration combines Smile ID’s identity verification and fraud prevention tools with Plumery’s API-first digital banking platform, giving financial institutions a complete solution for today’s authentication challenges. According to the companies, recent analysis of 110 million identity checks shows fraud attempts at the authentication stage were four times higher than at registration in 2024.

The combined solution uses Smile ID’s biometric authentication and AI-powered fraud detection to provide real-time security during login, transactions, and account recovery. It incorporates Smile ID’s Enhanced SmartSelfie technology, recently launched to fight digital fraud in Africa through dynamic liveness checks.

Banks adopting the integrated platform can reduce costs, strengthen security, and improve customer experience. The partnership follows Smile ID’s recent milestone of processing 200 million identity verifications across Africa in 11 months.

“Our partnership with Plumery marks an important step in advancing digital transformation and financial security across Africa,” said Dustin Strydom, VP of Commercial at Smile ID.

Ben Goldin, Founder & CEO of Plumery, highlighted the focus on secure customer onboarding: “At Plumery, we help financial institutions deliver seamless experiences to their clients, starting with fast, simple onboarding. Working with Smile ID allows us to provide secure, efficient digital banking solutions to customers across the region.”

The partnership follows Smile ID’s recent work with Mastercard to improve merchant onboarding across more than 50 African countries, expanding the company’s role in Africa’s financial services sector.

Source: Fintech Finance

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February 24, 2025 – by the ID Tech Editorial Team

Partners

FaceTec’s patented, industry-leading 3D Face Verification and Reverification software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ finally make trusted, remote identity verification possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for 3D Liveness and Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

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